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Search Results 0 to 49 of about 876 (some duplicates have been removed)
will the global economy go next and what will it mean to your portfolio as the u.s. stock market sets a new five-year high. >>> i'll have any candid conversation with outspoken jpmorgan chase ceo jamie dimon. we'll talk real estate, banking, his pay cut. >> we had run terrible year. >>> and she's called the oprah of china. remarkable entrepreneur who runs a media empire and reaches more than 200 million people a month. "on the money" begins right now. >>> this is america's number one financial news program, "on the money." now, maria bartiromo. >> this is what's making news as we head into a new week "on the money." washington has a new watchdog for wall street. president obama has nominated mary jo white the head of securities and exchange commission. white is a former prosecutor with a reputation for toughness. she will replace mary schapiro and must still be confirmed by the senate. timothy geithner spent his last day as secretary on friday, stepping down after a tumultuous four years in the financial system. president obama's chief of staff jack lew has been nominated to replace geithner. >>
the economy, about where the markets would go post financial crisis. what's next for america and the global economy? ken rogoff joining me once again with some answers. ken, good to see you. >> good to see you. >> thanks so much for joining us. how would you describe the mood in davos and how would you see the economy today five years post the crisis? >> it's a strange mood in davos, where people are not euphoric. in fact, you talk to heads of multinational corporations, businesspeople around the world, they say, you know, things aren't even as good as i thought they would be this quarter, but they're calmer. there's a feeling that the world is not going to fall apart. you hear more about geopolitical risk, cyber security, d less about europe's going to blow up tomorrow. >> so, you're not seeing over enthusiasm but it's certainly better than a year ago? >> yes, it's definitely, definitely calmer. their theme here is resilient. yes, and dynamism, not so much. guess what i thought about the global economy. i actually think that growth will be moderate with not necessarily a lot of volatility
to grow the economy, shrink government and create confidence that we are not greece. and, oh, heck, my friend steve kroft lobbed a bunch of softballs at president obama and hillary clinton in his "60 minutes" interview last night. and you know what, folks, we still do not know what happened on that tragic, awful night in benghazi when four people were killed. the administration spun two separate stories, we still don't know the narrative. all that, the "kudlow report" starts right now. >>> first up tonight, it could prove to be the most significant immigration reform in years. bipartisan group of four democratic and four republican senators unveiling their blueprint this afternoon for border security, guest worker cards, more foreign brainiacs and employer verification, maybe even a path to citizenship. cnbc's own eamon javers joins us now with the details. good evening, eamon. >> well, we've almost gotten out of practice at watching bipartisan groups of senators hold press conferences here in washington. that's not something we're used to seeing. in recent months, anyway. but the sena
is a senior fellow at our global economy, and i will sit with him and asking a few questions. and then we will turn to questions over to you, the audience. we will have simultaneous translation. my mother, may she rest in piece, is a greek language teacher. she will be rolling in a great asset to my own good piece on. so without i give you alexis tsipras. [applause] >> please join your piece to number two for the translation. [speaking in native tongue] >> translator: i want to express our opinions, our view on the cause of the crisis, and our vision for the necessary changes that have to take place in greece. so that we can change from becoming guinea pigs of the crisis to the country that will serve as the starting point for new, progressive changes that will lead the worldwide economy to safe harbors. and so it is a special honor for me to be here at brookings. this is a foundation with strong traditions and document conversation with facts. this is a foundation that and cn understand what's at stake, both in greece and in europe today. when i was young i remember those older than me t
a few green sheets of the economy and if that begins to surge, david axelrod tells me later in the show, has a real chance. >> he has a huge agenda, a lot of opportunities and going to have to find a way to work with republicans not only in the senate but the house of representatives. let's see if he can do it. it's a huge, huge challenge and the responsibility is enormous, the opportunity is great. >> well, we have to see and itching to get to the party, wolf. >> love those people back there. did you hear the marching band? >> you know why i think they're so excited? your performance in skyfall. >> you were in "flight." >> that's why i wanted to mention it. >> i was in the james bond film. and you were in -- >> really great. really great for me. >> if you work really hard and play by the rules, some day maybe daniel craig and -- >> was it daniel craig or denzel washington oscar nominated? >> i don't know. >> it was denzel. do you know who helped him? me. >> let me point out. $1 billion in box office receipts worldwide. $1 billion. >> british, british. skyfall. wolf, go partying. >> tha
hours trading. that tells me that the economy is doing better. what is your take? >> i think the economy is more mixed. it seems to me, google hot today and obviously a great tech story and also an advertising tostory. friday, general electric. kind of told us that world economic expectations might be better. is the world better? >> i think it is possible that the eearnings are going to be better. if you look at the bottom of estimates, they were $114 for the s&p -- i'm sorry $120 they are coming down. we suspect they are going to continue to come down. we suspect the corporate earnings are going to come down. i want to add economic stuff to this. today, existing home sales 12.8% above a year ago. existing home sale prices plus 11%. that is progress it was falling at 4%. last week, manufacturing up, capitol goods up. are he ewe estimating the econo? >> clients are asking me about upside risk. nobody is asking about upside risk. i think the question is, is it in the price already. >> all related to the housing ready. for, the fed is easy. we all know the fed is easy because it has a feder
a lot of positives about the u.s. economy, if washington can get its act together, but europe is still a big issue. what do you think about europe right now? have we made progress? and what's to come? >> well, i think there's some big, long term things they need to do in europe over the next 5-7 years. they've done some structural forms. they've raised their pension ages. they've done labor market reforms. nothing has happened in the united states. absolutely nothing. and i think their reasons for optimism from the shale, which, by the way, that's an area where people are excited to talk about that. and, you know, there's some optimism coming from the easy money, i suppose, still. but i think in the united states, you know, if we get to the consensus, which seems to be 3% at the end of the year, i think that would be good. >> let me ask you about the economy. relative to what ee's going on washington. we voted that the house extended to see a debt ceili ining for a months. how does this play out? >> forever. i mean, that's the short answer. forever. they don't agree. so we're seeing an
. by doing this, we sent a not so subtle signal that the focus of our country is on the farm economy of washington, d.c. instead of that really come out here in charlotte, new orleans, and cheyenne. we as republicans have to accept government number crunching. it is not the answer to our nation's problems. we've got to face one cold hard fact -- washington is a dysfunctional that any budget proposed based on fiscal sanity will be deemed not series by the media and it will fail in the united states senate and will not make it to the president's desk where he would veto it anyway. any serious proposal to restrain government growth is immediately deemed non-serious in washington, d.c. the balanced budget amendment is called non-serious as are term limits, capping federal growth to the growth of the private sector economy is deemed not serious in washington, d.c. anything serious is deemed not serious in washington d.c.. when senator obama voted against raising the debt ceiling, he said he was doing so because the national debt was at an outrageous $8 trillion. he clarified for a fact --
green sheet of the economy if that was to begin to surge, he could have real chance of doing some big stuff. >> he's got a huge agenda. he's going to have to find way to work with the republicans. it's a huge challenge. the responsibility is enormous. the opportunity is great. >> i can see you're itching to get to the party. >> did can you hear the grambling university marching band? >> i hate to tell you i was in the james bond film. >> really great to me. >> was it daniel craig or denzel washington got nominated? >> i don't know. >> it was denzel. >> let me point out sky fall. $1 billion in box office receipts worldwide. $1 billion. >> british. >> sky fall. >> wolf, go party. such an honor to be in his presence. it's a night out of celebration here in washington. the star studded parties are continuing to pour out. we'll bring you the highlights as they happen. joining me rising democratic star, san antonio mayor. he knows about the presidency than any other person alive. let me start with you. you gave a sensational performance. barack obama did the same thing and became president.
>>> on our broadcast tonight, signs of life in the american economy. near record highs on wall street, a housing turn-around under way. the problem is, a lot of americans aren't feeling it yet. >>> there is a new outbreak to worry about, spreading like wildfire across our country. and unlike the flu, for this one there is no vaccine. >>> the dark cloud hanging over a big american city. doctors say the air is so bad, it's the equivalent of forcing every resident to become a heavy smoker. >>> and seeing red. a push by republicans to change the way we elect a president. if these had been the rules across the map in november, we would have president romney. >>> also, a big night for the biggest blockbuster of all-time. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. the evidence is now unmistakable. aspects of the u.s. economy after a long and difficult period of darkness appear to be getting more robust. and while there are lots of numbers out to prove the point of an improving economy,
with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigail doolittle, the investors killed it after hours. >> i think what's going on is an important inflexion point. we had another earnings miss, another guide down. this once superstar amongst the text stock has been falling for a few months. i think traders answered vestors were waiting for this report to see what the future with look like. unfortunately it's not as bright as some might have hoped for and that's now showing up in the stock. >> is there an offset here? google did very well today and revenue was very good. apple versus google consideration apple stop this rally? i don't think so but i want to get your take on this. what does it mean apple is doing badly? is it an apple thing, an economy thing or consumer thing or what? >> i think that's a great question. i think right now i tend to agree with you. i think investors wi
showdown from showdown? and how will the economy respond to what is or is not accomplished here in washington? my exclusive guest this morning will have something to say about all of this. house budget chairman and the republican party's 2012 vice presidential nominee paul ryan here for his first live interview since the election. chairman, welcome back to meat meet. >> great to be back with you. >> let's talk about this top priority of the budget battle. it will really mark the beginning of the president's second term. the debt ceiling has been raised, at least temporarily, but there are still big decisions to be made. you specifically said in the last few days that your priority is to make a big down payment on the debt. a debt crisis that you see in this country. >> that's right. >> what do you specifically require? what's the priority? what has the president got to do in your point of view? >> i'll just explain what the speaker said when we passed that bill. our goal is to get cuts and reforms that put us on a path to balancing the budget in a decade. we think the senate oug
economy. obviously, the u.s. economy is still a global leader. we wanted to remain that way. the political debated home has been very much about jobs and the economy. and we're here listening to some of the leaders from the eu and the other sort of entities that are here trying to understand how they're dealing with their problems. and i think coming out of all of this will be a renewed sense that in america we can compete and we will compete and we will continue to be the destination for capital and innovation. >> we have a natural gas boom and we have an oil boom and we have, thanks to low interest rates, what appears to be some sort of a housing boom. so much more can happen and, in fact, it seems like the only body, the only institution that might stand in the way of 2013 being a great year is congress. >> well, listen, there is certainly not the outcome that anybody wants. and i'm hoping that after we've been through the election and last november. we've been through a fiscal cliff debate. we are working our way through a debt ceiling debate. i think in a responsible manner. with an e
economy and its resilience and its ability to come back from the dumps? >> yeah, well, it is a little bit of all of that. we will never know how it would have worked out if there had been a different president of the united states. but you do know that the federal reserve has been quite instrumental here in pushing rates to historically low levels, flooding the economy with money, and chasing people into risk assets with the idea that that would create a sense of wealth, and therefore spending, and that is to a degree working. and the other side is that the american economy is tremendously resilient. so we are on a path to recovery. there are some head winds that are enduring. we're growing about half what we would like to grow at, but we are in a recovery, and i expect that 2013 will look a lot like 2012, 2% kind of growth which is not terrible, not great, but good enough. >> it feels like we're running on a treadmill. we're in the same exact spot and we keep running and running and getting nowhere. so jim, my question -- or peter, i should say, let's bring in peter here. my question for
with zeros on the budget sheet we on the economy of washington, d.c. instead of the real economy. out here in charlotte, in new orleans n sleever port. we have to accept government number crunching, even conservive number crunching is not the answer to our nation's problems. we have to face another cold hard fact. washington is so dysfunctional that it will be deemed not serious by the media. it will fail in the united states senate and wouldn't maket to the president's desk where he would veto it any way. any serious propose toll restrain government decpwroth deemed non-serious in washington, d.c. the balanced budget amendment is called non-serious in washington, d.c. term limits are non-serious in washington, d.c. capping the federal growth also deemed not serious in washington, d.c. the truth is anything serious is deemed not serious in washington, d.c. when then senator obama voted against racing the debt ceiling he said he was doing so because the national debt was at an outrageous $8 trillion. i want to quote the president saying $8 trillion, that's trillion with a t. it is now over
show talking about immigration? because it's about jobs, growing an economy and getting a broken immigration system out of our way and immigration system for the 21st century. ron brownstein, ana navarro, thank you. >> thank you. >>> america thought it had fixed a broken immigration system before, giving people a pathway to citizenship. >> future generations of americans will be thankful for our efforts to humanly regain control of our borders and therefore preserve the value of american sit stenship. >> why it could be the key to the jobs bottom we desperately need. als now... at officemax. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. thor gets great rewards for his small business! your boa! [ garth ]
to put his time. >> brown: well, you know, he spoke about the economy, getting the economy right first and foremost. he said "more than ever foreign policy is economic policy." did that sound right to you? >> i think that's right and i think this is a man who's grown up, really, in the political military side of foreign policy and national security and i think one of the challenges will be for him to recognize that the economic instrument in trade is really very important. if you look at asia, the coin of the realm in asia is trade and economics and, you know, if we're going to have a rebalancing toward asia, it needs to be an economics and trade overwhelmingly. so he's got, i think, a real opportunity to help lead the administration in using all of our instruments for national power influence, particularly economic and trade. >> brown: what do you think -- i mean, i know what you think about -- we talked about this in your last book about the need for economic thinking, i guess, changing the way we think about the world. but do you think that the administration has understood that wel
hadley and zbigniew brzezinski weigh in. >> brown: paul solman looks at china's fast growing economy and asks, is it headed for a crash? >> wages are rising for the burgeoning middle class, but for hardscrabble factory workers: mounting protests against livle wages d woing conditions. >> ifill: and vice president joe biden hangs out with hari sreenivasan on google plus to talk about gun violence. >> make your voices heard. this town listens when people rise up and speak. >> ifill: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the u.s. military has a new order of the day: working up plans for putting women on the front lines. the process was se
turn to handouts to survive the growing economy. -- the grim economy. the russian parliament about a draft law banning homosexual propaganda. there was only one deputy that voted against it in the lower house. outside, passion spilled over to scuffles on the street. police made arrests after the gay-rights supporters were insulted by opponents. steve rosenberg reports from moscow. >> ahead of the debate inside the russian parliament, there was drama outside on the street. gay-rights activists. police detained 20 people. later, military police turned their attention to the controversial bill. pass the first hearing by a huge margin. it will prohibit the spread of homosexual propaganda in the wording which presence of children. it would mean across russia public events promoting gay rights could be broken up and the organizers find -- fined. >> we see open propaganda that harms. young people will decide on their own how to live in the future and what orientation to choose. >> this draft bill sends a bad signal to society of repression and limitation of civil rights guaranteed by the
spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or might even say to use your own criticism that's a straw man argume argument. they were prepared to cut additional spending to be part of a bigger agreement that republicans weren't able to agree to. there is more room for spending cuts. it's a matter of how you do it. >> the president was insisting on more stimulus spending during the fiscal cliff negotiations. he didn't get that. they haven't put out a plan. the reason we wanted the debt limit extended was to showcase our budget. we will put a budget up that says here is our plan for economic growth and balancing the budget, entitlement reform which is nece
believes that we have to both walk and chew gum at the same time. we have to deal with our own economy and our fiscal situation. that is a given, because that is the source of our strength and our capacity. but we also have to be smart about making the right investments in diplomacy and development to try to solve problems and prevent them. >> i'm joined tonight with senator chris murphy of connecticut, who is a member of the senate foreign relations committee. senator, good to have you with us tonight. moving forward, security obviously is an issue. so getting funding and help from republicans shouldn't be hard after this hearing. that's what i see today. your thoughts on it. >> well, listen, the republicans have had chance after chance to do the right thing here. the irony is just as thick as the walls of the united states congress, when you think that they stripped $300 million out of the secretary's security requests before benghazi. but it gets even worse, ed. after benghazi, the president and the secretary of state said listen, we've got to do better. so they put before congress
on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. itbut sleep train's huge foyear eends sunday. salels, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. plus, free same-day delivery, set-up, and removal of your old set. don't wait, sleep train's year end clearance sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> neil: all right. in the middle of earnings season, we don't give you every one, but we try to give you the ones that are cons quential or meaningful, google is considered such a barometer for t
korea will have long-rangl the other things happening with the economy, with china. >> you wanted him to talk about that kind of stuff and he didn't. >> none of it was about that. and the american people -- we deserve some explanations here. yesterday, with secretary clinton: why have you not got an anybody who dead the benghazi attacks? we now know the same people are right out in the open admitting they did it. they're in algeria. we just had a warning today there's potentially another attack coming against westerners in benghazi. the second question, why did you fail to secure could -- gadhafi good's weapons before toppling him. those are the weapons we're seal all over the place, and the third thing i'd like to get some answers for, how are you going to protect all those american civilians who are staying behind after american troops leave the region. >> a good thing you weren't asking questions. we give a lot of money to this region. what are we getting for it? >> very little. that's one over the big problems with foreign aid. i like and believe in foreign aid. i think it's a lo
vulnerable to job losses or any change in the economy or anything that might around in their own lives -- might go wrong in their own lives. they want that safety net. it is not an easy sell, but we have to make the case that what you think is security is not. because, as will soon be obvious in states that have followed this model of a larger and larger public sector and more and more benefits, states like california, illinois, new york, they are going to go bankrupt and come to the federal government for a bailout. we have to be ready to hammer home the point that -- what good is it that you voted for security when, now your benefits will not be able to be paid for. it is no longer a public that can afford it. >> this seems like a deeper pot -- deeper cultural problem. how do you convince them that the government is not their husband? a woman has written about how you convince them, when you have this pop-culture suggesting that guys are losers. dads are losers on every comedy show. how do we fix that environment? policy wise, culturally, this is for anybody. >> it is a huge cultural
catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration cuts, these automatic spending cuts that are put in place because republicans and democrats can't agree, so you have to have this sword that comes down, you said we're not going to let those happen. those will not happen, those automatic spending cuts. well, now we have a new deadline coming up in a couple of months that says there's going to be more automatic spending cuts, the same ones that were in place before. >> that's right. >> are you going to let those happen? >> if mitt romney and i won the election, they would not have happened because we would have gone and worked with democrats and republicans in congress to put the budget on a path to balance and saved defense. i think the sequester is going to happen because that $1.2 trillion in spending cuts, we can't lose those spending cuts. and don't for get one other thing. i wrote legislation and passed it in the house twice to replace those
& noble, dagen and connell. they will close a third of their stores. it is a tough economy. people are moving to digital. this may bode well for amazon.com. barnes & noble down nearly 2% today. barnes & noble say they will close one third of their stores over the next decade. let's take a look at the broader market. the dow down about ten points. much like the nasdaq composite and the s&p 500. they are all hovering near the unchanged line. the retail, drugged and bank index all have done okay with down arrows. connell: a team of a bipartisan senators have come together with their own plan on immigration reform. dagen: peter barnes is on capitol hill with the very latest. peter: this group of eight editors can't bipartisan group, for democrats, for republicans, trying to get out before the president speech tomorrow in nevada. now, the senator's proposal includes increase and verifiable border security and tracking of legal immigrants making sure that they believe when they are supposed to, mandatory employment verification, green cards for top floor and college students who are gett
Search Results 0 to 49 of about 876 (some duplicates have been removed)